UPDATE 1-France's EDF sees no safety risks from Creusot components

PARIS, Sept 14 (Reuters) - French state-controlled utility EDF reiterated on Thursday it saw no safety risks from nuclear plant components manufactured by Areva-owned foundry Creusot Forge, as it gave an update on regulatory checks.

EDF, which operates nuclear-dependent France’s fleet of 58 reactors, expects to meet its 2017 nuclear electricity production target despite the extensive review of the components currently in use in the reactors.

Olivier Lamarre, the deputy head of EDF’s nuclear fleet, also reiterated on a conference call that 2018 production was not expected to be impacted by the review, which should continue until the end of next year.

Fears that the review could lead to prolonged outages of the reactor - and to tighter nuclear power supply in winter - have contributed to a sharp rally in French and German forward power prices.

“There is no reason for EDF not to meet its output target in 2017,” Lamarre said.

Creusot Forge stopped production last year following the discovery of manufacturing flaws as well as the falsification of manufacturing tracking documentation and the facility remains closed.

French nuclear watchdog ASN ordered EDF on August 16 to carry out a comprehensive review of the documents, of which about 1,600 concern components which are currently in EDF’s reactors.

EDF is expected to hand over a complete review of each reactor to ASN two months before the restart of the reactor following a scheduled maintenance outage.